The profits were driven by interest earned on US Treasury holdings, as well as market gains on bitcoin and gold
The world’s largest asset manager led a $47 million funding round by a blockchain-focused firm it has worked with before
The tokenization of real-world assets is set to continue as a “defining trend” for institutional crypto in 2024, Anchorage Digital CEO says
Upcoming macroeconomic clarity, or a lack thereof, is likely to be a key contributor to bitcoin’s next price movement
Higher trading volumes and stablecoin revenue are set to drive sizeable quarter-over-quarter improvements, analysts say
Last week marked the third straight week of outflows for US bitcoin funds as demand for the BlackRock and Fidelity products hit a low point
More institutions are allocating to bitcoin ETFs with the long term in mind, according to Franklin Templeton’s Christopher Jensen — though education remains a work in progress
The iShares Bitcoin Trust saw zero flows Wednesday, according to Farside Investors, after seeing $15.5 billion enter the fund in its first 71 days
Grayscale’s strategy may not work as well as BlackRock’s similar actions in other ETF segments, Morningstar executive argues
The projected medium-term $1 billion inflow total for the Hong Kong crypto funds would represent about 2% of the region’s ETF market
Research analyst Mark Palmer starts coverage of the bitcoin miner and puts its price target 50% higher than its current level
The US fund segment snapped a five-day net outflow streak on Friday ahead of the bitcoin halving that night
Bitcoin’s price was mostly unchanged following the event that occurs roughly every four years
Short-term “sell the news” reactions could follow new BTC price peaks months from now, industry watchers say — but only if history repeats itself
While crypto fundraising remains well off its bull market highs, Q1 data shows capital is returning to the space
BlackRock’s iShares Bitcoin Trust continues to see daily positive net flows, though its inflow total for a single day hit a new low Wednesday
Miner stocks have historically underperformed bitcoin before the halving and outperformed the asset after the event, analysts note
The iShares Bitcoin Trust appears poised to soon surpass Grayscale Investments’ GBTC in assets under management
Marathon Digital and Riot Platforms each have more than $1 billion in cash and BTC to deploy, while CleanSpark has said it could be “one of the most aggressive acquirers”